Can I be paid into an International Bank Account?

To facilitate international payments to our investors, Automic has partnered with OFX who offers a secure service and competitive wholesale exchange rates to make sure Automic investors receive more of their payments quickly and securely. 

International bank account details support is offered on a case-by-case basis with our issuers as they get set up with OFX. If you wish to receive payments to an international bank account please do so by logging into your portfolio account here. 

If you have not yet registered for an online investor portal account, please do so by clicking here. 

Once you have signed in, please navigate to the "my details" tab on the company which you would like to provide payment details for shown here. 

Once in the my details screen, select payment instructions on the left hand side. 

Once there, select international. Please note If international does not appear as an option, this means that international payments are not supported for this issuer and you will need to provide an Australian bank account to receive your payment. 

Then begin to type in the name of the country your bank account is domiciled in and select the correct option from the drop down menu. 

Then, select which currency you would like to receive your payment in. 

Then, complete the fields in the drop down boxes to enter your banking details and the details of the beneficiary bank itself and the details of any intermediary account including the branch name and address and account numbers. 

If you are unsure what to enter in any of these fields, please contact your bank for assistance 

Once you have filled out all required fields, check the box at the bottom of the screen to confirm that you have read and agreed to the terms and conditions then click review and save on the left hand side.

Once there, be sure to review the details you have entered to ensure they are all correct, then click SAVE PROFILE at the top right. 

IF YOU DO NOT CLICK SAVE PROFILE YOUR CHANGES WILL NOT BE SAVED! 

If you wish to update your payment details for any of your other holdings, simply repeat this process for each company you wish to apply these details to as this will only update payment instructions for the specific issuer shareholding you are viewing at the time. 
 
If you have an outstanding payment pending the provision of banking details please let us know so that we can organize for the payment to be remitted to you at the next payment sweep date for the issuer.